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$395,924

NAL Estimated Property Value

5840 7th St, Lubbock, TX, 79416

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths4,924 Sq Ft
QuadruplexQuadruplex
price_per_sqft$75.12 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range

Exterior

Lot Size11,220 sqft

Building Information

Year Built2004

Land Information

APNR70849
Lot Number200
SubdivisionCrows Nest
Land UseResidential
Legal DescriptionCROWS NEST L 20-A-1THRU 20-C-1
Census Tract000408
Assessed Land Value$33,660
Assessed Improvement Value$362,264
Assessment Year2025

About this property

Great Quadplex in very good condition. Convenient location off of 4th and Frankford Avenue for easy access to the medical community and colleges. All units are 3 bedrooms 2 bath almost identical. Open concept floor plans with good size kitchens along with bedrooms and bathrooms. All units have their own 2 car garage.

Investor Tools

Property Icon
$395,924
Estimated Property Value
$233,491Estimated Mortgage Balance
$162,433Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$846/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,173
$395,924
2025
$33,660
$362,264
$395,924
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,173
$395,924

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Unknown
$273,750
No
First
Jan 22, 2019
Feb 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,491
$162,433
41%
59%
$1,642/mo

City: Lubbock

5840 7th St | Property Details | No Agent List